BYD Co (1211) : Chart Review as of November 18, 2009

1. BYD has a bearish cross back in November 10.

2. Currently, support can be found at $66.80 based on the Chikou Span support.

3. Price is still above the kumo level which suggests that the uptrend is still intact and may be supported.

4. Stochastics shows that it is approaching oversold territory. Will there be a rebound from here?

2009Nov-BYD Co-800x600

By iam802

Trend trading with Ichimoku